Two Irvine-based tech companies last week reported quarterly results that are foreshadowing future industry trends.Skyworks Solutions Inc. forecast on April 30 that its fiscal third-quarter sales and adjusted profit will be much lower than analysts expected. It cited slowing mobile device sales. Shares dropped 15% in the following trading session to $90.30, for a $14.4 billion market cap (Nasdaq: SWKS).
Neal Koch, an award-winning, experienced business journalist, has been selected to be the Orange County Business Journal’s next Editor-in-Chief.Trained as a lawyer, Koch has been deputy editor of the Los Angeles Business Journal, executive editor of the Pacific Coast Business Times, which covers Santa Barbara, Ventura and San Luis Obispo counties, and acting business editor of the since-closed Los Angeles Herald Examiner, which was the Hearst newspaper chain’s competitor to the Los Angeles Times.
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